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0:41
Three Line Strike Pattern That Signals a Strong Reversal
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If you want to trade smarter, not harder, it’s time to understand one of the most powerful reversal formations — the Three Line Strike pattern. This bearish candlestick setup often signals the end of an uptrend and the start of a strong move downward. In this video, I’ll show how to identify and trade it step-by-step. Here’s how it works: You’ll first spot three consecutive bearish candles moving in one direction. Then comes the fourth bullish candle, which completely engulfs the previous three.
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Ever heard of the Bullish Three Line Strike pattern? It’s a powerful bullish continuation signal that appears after a downtrend. Here’s how it works: Look for three consecutive bullish candles followed by a bearish candle that closes lower than the first candle's open. Despite the bearish fourth candle, this pattern indicates the trend will likely continue upward. For a trade setup, enter long when the price surpasses the high of the fourth candle. Place your stop loss below the fourth candle’s
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